ExxonMobil and Employees Contribute Nearly $200,000 to New Mexico
Colleges and Universities

Six institutions of higher learning in New Mexico receive funds from
3:1 Educational Matching Gift Program

Recipient organizations encouraged to support math and science
initiatives

May 10, 2017 12:54 PM Eastern Daylight Time

IRVING, Texas--(BUSINESS WIRE)--ExxonMobil
and its employees contributed nearly $200,000 to institutions of higher
education across New Mexico as part of the ExxonMobil Foundation’s 2016
Educational Matching Gift Program.

ExxonMobil employees, retirees, directors and surviving spouses
contributed $48,000 to six New Mexico colleges and universities, which
was matched by more than $145,000 in unrestricted grants from the
ExxonMobil Foundation. Although grants are unrestricted, colleges and
universities are encouraged to designate a portion to math and science
programs supporting student engagement.

ExxonMobil’s program matches donor pledges on a 3:1 basis up to $7,500
to qualified colleges and universities in the United States, as well as
the American Indian College Fund, Hispanic Scholarship Fund and the
United Negro College Fund. More than $630 million has been contributed
to such American institutions over the more than 50 years the company
has offered the Educational Matching Gift Program.

“ExxonMobil’s employees are committed to investing in quality
education,” said Ben Soraci, president of the ExxonMobil Foundation.
“The ExxonMobil Foundation has a long history of supporting a range of
efforts to improve education in the United States. We hope our
contributions and the generous support of ExxonMobil’s employees will
help create a stronger future for today’s students.”

Nationwide, more than 850 institutions received more than $50 million
through the 2016 Educational Matching Gift Program.

The ExxonMobil Foundation is the primary philanthropic arm of Exxon
Mobil Corporation (NYSE:XOM) in the United States. The foundation and
the corporation engage in a range of philanthropic activities advancing
education, with a focus on math and science in the United States,
promoting women as catalysts for economic development and combating
malaria. In 2016, together with its employees and retirees, Exxon Mobil
Corporation, its divisions and affiliates, and the ExxonMobil Foundation
provided $242 million in contributions worldwide, of which $72 million
was dedicated to education.

Contacts

ExxonMobilMedia Relations, 972-444-1107

Release Summary

ExxonMobil and Employees Contribute Nearly $200,000 to New Mexico Colleges and Universities